One more effort to get your head square: you do or do not agree that this is casino gambling with casino risks and casino rules? You just said "that's what I'll be doing." You need to define where you stand before you play.

One more effort to get your head square: you do or do not agree that this is casino gambling with casino risks and casino rules? You just said "that's what I'll be doing." You need to define where you stand before you play.

The only stock I've decided to eliminate so far was Zagg, by the end of February (after they release their earnings report). Ford a good buy?

If you're buying well-known companies, I would buy ones that have been traded down due to missed earnings or just beaten down in general, like BBRY, CLF, or COH. You're not gonna find the perfect bottom, but at least you're eliminating risk of overoptimism with these companies. Coach is around a conservative fair value, so people might wait for a 5-10% drop. I wouldn't mind buying now though for long-term. Using Graham's valuation method for cyclicals, I get CLF fair value around $38-$40, so the current price is at a good discount.

If you're buying well-known companies, I would buy ones that have been traded down due to missed earnings or just beaten down in general, like BBRY, CLF, or COH. You're not gonna find the perfect bottom, but at least you're eliminating risk of overoptimism with these companies. Coach is around a conservative fair value, so people might wait for a 5-10% drop. I wouldn't mind buying now though for long-term. Using Graham's valuation method for cyclicals, I get CLF fair value around $38-$40, so the current price is at a good discount.

COH has seemed cheap in many months over the past 1-2 years, but it's been obvious lately that they are getting their @$$es handed to them by the competition, namely KORS.

Quote
from Imerson
:

I don't think experience really matters for a president. My point is that you can't really use his own words from 4 years ago against him.

COH has seemed cheap in many months over the past 1-2 years, but it's been obvious lately that they are getting their @$$es handed to them by the competition, namely KORS.

Competition hasn't stopped Coach from continuing to outperform the rest in the past. It's always been a part of the environment. I'm looking at their long-term strategy - expansion, shareholder friendliness, and continuous consumer feedback. Just because KORS has huge growth right now isn't influencing consumers to stop buying Coach products. Their financial position is incredibly solid, just look at the balance sheet. Plus, if many traders have your opinion, then it could already be priced into the stock. You can get good value in a company while opinions are negative.

This Thread is more than 742 days old. It is very likely that it does not need any further discussion and thus bumping it serves no purpose.If you still feel it is necessary to make a new reply you may do so.
I am aware that this Thread is rather old but I still want to make a reply.

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